"Focus on Tourism & Hospitality" piece on plans by developers to add a total of

Jess Kilby

Source

Mainebiz

Date

6-13-2005

Pages

19-21

Abstract

"Focus on Tourism & Hospitality" piece on plans by developers to add a total of 350 new hotel rooms in Portland and South Portland. Gustave Tillman, director of two Holiday Inns in Portland, says his typical occupancy rates are in the "very low 60s." The proposed projects are all relatively high-end, with residential components. Such hotel/condo combinations have generally been limited to upscale markets like Boston and New York. Portland has the highest concentration of guest rooms in the state and has been slow to recover from the post-Sept. 11 hospitality slump. Weather in Maine is unpredictable and visitors lack a compelling reason to visit Portland, although a large convention center might change that. With details on developer Joe Boulos' plans to build a convention center in Portland, which will probably be scrapped because he didn't get the local sales tax option he says he needs.

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